Consumer banking
Consumer banking
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Fulton Financial (FULT) in Lancaster, Pa., announced that its longtime chief financial officer will retire at the end of this year.
May 17 -
The CFPB's revised final rule on remittances made it easier on bankers, but it will still have a significant though unclear impact on international money transfers.
May 17 -
As investor Jay Sidhu and Atlantic Coast Financial intensify their fight over the Florida company's deal to sell to Bond Street Holdings, the market has priced a higher deal value into the stock. Atlantic Coast warns that no such bump-up is coming.
May 17 -
Commerce Bancshares is the latest bank to announce plans to buy a small bank in Oklahoma, which boasts one of the nation's lowest unemployment rates
May 17 -
Brennan Ryan, a partner at Nelson Mullins, ran the equivalent of several marathons with his wife and a friend in the Marathon des Sables to raise money for Hemophilia of Georgia.
May 17 -
The regulator of federal credit unions is promising to take steps to curtail high-cost, short-term loans, in the wake of tough action by banking regulators.
May 17 -
The Office of the Comptroller of the Currency took regulatory action against 11 financial institutions and terminated orders against five others in April, the agency said Friday.
May 17 -
Huntington Bancshares is tightening its ties to Toledo, Ohio.
May 17 -
Hampton Roads Bancshares (HMPR) in Virginia Beach, Va., has named Charles Johnston chairman.
May 17 -
AmeriServ Financial in Johnstown, Pa., has begun another stock buyback.
May 17 -
With the ever-increasing regulation burden, community banks with small staffs struggle to keep up with new and changing rules. Some have deployed software to streamline their compliance to-do lists. Bank of the Sierra in Porterville, Calif., is one of them.
May 17 -
The Federal Reserve has ordered Bank of Montreal's U.S. unit to strengthen compliance with laws designed to deter money laundering.
May 17 -
Sierra Vista Bank in Folsom, Calif., has added $1.5 million in capital from the Taylor International Fund.
May 17 -
Flagstar Bancorp (FBC) in Troy, Mich., announced that its chief executive, Michael Tierney, has stepped aside after just eight months in the post.
May 17 -
Whatever the outcome of Tuesday's vote over Jamie Dimon's dual titles at JPMorgan Chase, the debate raging at the country's largest bank will increase the pressure on bank boards to split up chairman/CEO roles in the future.
May 17 -
BitPay, which processes payments for merchants in the virtual currency Bitcoin, has attracted some investors with a pedigree in pioneering alternative ways to send and receive money.
May 17 -
Tim Ryan, a veteran lobbyist who runs JPMorgan Chase's regulatory strategy, served until January as chief executive of SIFMA, which moved last week to stop the sending of vote tallies to shareholders.
May 16 -
The Consumer Financial Protection Bureau's focus on discrimination in the auto loan business will likely force the banks it targets to stop paying bonuses to car dealers that originate high-interest loans. Changing practices in the rest of the industry could prove tougher.
May 16 -
Federal Reserve Gov. Sarah Bloom Raskin warned Thursday that the government's tightening fiscal policies and a slow housing recovery will continue to restrain a U.S. economic recovery.
May 16 -
The Federal Deposit Insurance Corp. is seeking to recover $48 million from officers and directors of a Florida bank that collapsed in 2010 following heavy defaults on commercial real estate loans.
May 16




